Cunningham Swaim, LLP
Contact Us
Dallas: 214-646-1495 | Pasadena: 626-765-3000 | DENVER: 303-309-8167 | Pagosa Springs: 970-749-0807

Dallas:
7557 Rambler Rd.
Suite 400
Dallas, TX 75231

214-646-1495
DALLAS LAW OFFICE MAP

Pasadena:
2 N. Lake Avenue
Suite 500
Pasadena, CA 91101

626-765-3000
PASADENA LAW OFFICE MAP

Pagosa Springs:
262 Pagosa Street
Suite 103
Pagosa Springs, CO 81147

970-749-0807
PAGOSA SPRINGS LAW OFFICE MAP

Denver:
1801 Broadway
Suite 1400
Denver, CO 80202

303-309-8167
DENVER LAW OFFICE MAP

Businesses and individuals/ entrepreneurs wouldn’t dream of operating without liability insurance. Taking out an insurance policy is a smart way to protect your business in case any of the covered events unexpectedly occur.

Insurance policies also serve as a relief point and a financial backup plan. And, now especially with the internet playing a significant role in the economic market, businesses are adding cyber insurance to the list.

What is cyber insurance?

Cyber liability insurance is a contract that protects companies that use publishing websites online, which contains confidential information. Any breach of data by hackers leaves businesses vulnerable to legal repercussions.

Types of cyber insurance

As with other insurance types, cyber insurance also has subcategory coverages. These include first and third-party coverages. First-party policies cover direct losses the organization might incur if hacked and personal information was stolen or shared across the internet. One of these losses is the loss of revenue during the time it takes to fix the data breach.

Third-party covers claims made against the company due to the data breach. Clients or partners might take legal action and sue the company for factors such as stolen identity, lost wages, damages to business reputation and many more.

Should you have cyber insurance?

No one is safe from online hacking and data breach. In late August of 2019, hackers breached 22 government agencies in Texas, which put them out of power and left them vulnerable. Hackers stole the state’s data and confidential information. This incident illustrates how widespread of a problem hacking has become for businesses and even governments.

Businesses may be able to protect themselves from hacks with a comprehensive cyber insurance policy in place. However, since hackers are unpredictable, companies might want to seek help if they end up facing charges.

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To arrange a consultation with a seasoned litigator, we invite you to contact us online or call our Dallas, Texas, office at 214-646-1495. to reach our Pasadena, California office, call 626-765-3000. and to reach our Denver, Colorado office, call 303-309-8167.

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Contact Us

Dallas Office
7557 Rambler Rd., Suite 400
Dallas, TX 75231

Phone: 214-646-1495
Dallas Law Office Map

Pasadena Office
2 N. Lake Avenue
Ste 550
Pasadena, CA 91101

Phone: 626-765-3000
Pasadena Law Office Map

Pagosa Springs Office
262 Pagosa Street
Suite 103
Pagosa Springs, CO 81147

Phone: 970-749-0807
Pagosa Springs Law Office Map

Denver Office
1801 Broadway
Suite 1400
Denver, CO 80202

Phone: 303-309-8167
Denver Law Office Map

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